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2013-024A
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2013-024A
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Last modified
10/27/2015 12:10:13 PM
Creation date
10/1/2015 5:40:24 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/05/2013
Control Number
2013-024A
Agenda Item Number
12.J.1.
Entity Name
Atlas Fl I SPE, LLC
Subject
Oslo Road Utilities Expansion
Supplemental fields
SmeadsoftID
12557
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TO (A) THE VALUE, NATURE, QUALITY OR CONDITION OF THE PROPERTY, <br /> INCLUDING, WITHOUT LIMITATION, THE WATER, SOIL AND GEOLOGY THEREOF, (B) <br /> THE INCOME TO BE DERIVED FROM THE PROPERTY OR THE TAX CONSEQUENCES OF <br /> OWNING SAME, (C) THE SUITABILITY OF THE PROPERTY FOR ANY AND ALL <br /> ACTIVITIES AND USES WHICH BUYER MAY CONDUCT THEREON , (D) THE <br /> COMPLIANCE OF OR BY THE PROPERTY OR ITS OPERATION WITH ANY LAWS , RULES , <br /> ORDINANCES OR REGULATIONS OF ANY APPLICABLE GOVERNMENTAL AUTHORITY <br /> OR BODY, (E) THE HABITABILITY, MERCHANTABILITY, MARKETABILITY, OR <br /> PROFITABILITY, OF THE PROPERTY (F) THE MANNER OR QUALITY OF THE <br /> CONSTRUCTION OR MATERIALS , IF ANY, INCORPORATED INTO THE PROPERTY, (G) <br /> THE QUALITY, STATE OF REPAIR OR LACK OF REPAIR OF THE PROPERTY, OR (H) ANY <br /> OTHER MATTER WITH RESPECT TO THE PROPERTY. SPECIFICALLY, SELLER HAS NOT <br /> MADE, DOES NOT MAKE AND SPECIFICALLY DISCLAIMS ANY REPRESENTATIONS <br /> REGARDING COMPLIANCE WITH ANY ENVIRONMENTAL PROTECTION, POLLUTION <br /> OR LAND USE, ZONING OR DEVELOPMENT OF REGIONAL IMPACT LAWS , RULES , <br /> REGULATIONS , ORDERS OR REQUIREMENTS , INCLUDING THE EXISTENCE IN, ON, OR <br /> UNDER THE PROPERTY OF HAZARDOUS MATERIALS (AS DEFINED BELOW) , BUYER <br /> FURTHER ACKNOWLEDGES AND AGREES THAT BUYER REPRESENTS THAT IT IS A <br /> KNOWLEDGEABLE BUYER OF REAL ESTATE AND HAS BEEN GIVEN THE <br /> OPPORTUNITY TO INSPECT THE PROPERTY AND BUYER IS RELYING SOLELY ON ITS <br /> OWN INVESTIGATION OF THE PROPERTY AND NOT ON ANY INFORMATION <br /> PROVIDED OR TO BE PROVIDED BY SELLER AND AT THE CLOSING AGREES TO <br /> ACCEPT THE PROPERTY AND WAIVE ALL OBJECTIONS OR CLAIMS AGAINST SELLER <br /> (INCLUDING, BUT NOT LIMITED TO, ANY RIGHT OR CLAIM OF CONTRIBUTION) <br /> ARISING FROM OR RELATED TO THE PROPERTY OR TO THE PRESENCE OF ANY <br /> HAZARDOUS MATERIALS IN , ON, OR UNDER THE PROPERTY , BUYER FURTHER <br /> ACKNOWLEDGES AND AGREES THAT ANY INFORMATION PROVIDED OR TO BE <br /> PROVIDED BY SELLER OR SELLER' S AGENT WITH RESPECT TO THE PROPERTY WAS <br /> OBTAINED FROM A VARIETY OF SOURCES AND THAT SELLER HAS NOT MADE ANY <br /> INDEPENDENT INVESTIGATION OR VERIFICATION OF SUCH INFORMATION AND <br /> MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR COMPLETENESS OF SUCH <br /> INFORMATION . SELLER IS NOT LIABLE OR BOUND IN ANY MANNER BY ANY VERBAL <br /> OR WRITTEN STATEMENTS , REPRESENTATIONS OR INFORMATION PERTAINING TO <br /> THE PROPERTY, OR THE OPERATION THEREOF , FURNISHED BY ANY REAL ESTATE <br /> BROKER, AGENT, OR OTHER PERSON , BUYER FURTHER ACKNOWLEDGES AND <br /> AGREES THAT TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE SALE OF THE <br /> PROPERTY AS PROVIDED FOR HEREIN IS MADE ON AN "AS IS " CONDITION AND BASIS <br /> WITH ALL FAULTS . BUYER UNDERSTANDS AND ACKNOWLEDGES THAT THE <br /> PROPERTY WAS ACQUIRED BY SELLER BY FORECLOSURE OR SIMILAR PROCEDING <br /> AND THAT SELLER' S KNOWLEDGE CONCERNING THE HISTORY, CONDITION OR <br /> OPERATION OF THE PROPERTY AND THE RIGHTS BEING PURCHASED BY BUYER IS <br /> LIMITED AND INCOMPLETE . IT IS UNDERSTOOD AND AGREED THAT THE PURCHASE <br /> PRICE HAS BEEN ADJUSTED BY PRIOR NEGOTIATION TO REFLECT THAT ALL OF THE <br /> PROPERTY IS SOLD BY SELLER AND PURCHASED BY BUYER SUBJECT TO THE <br /> FOREGOING , TO THE EXTENT THAT THE SALE OF THE PROPERTY INCLUDES THE <br /> SLK_SAR: # 191001v2 3 <br />
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